China Jo-Jo Drugstores: Falls on lower store traffic, delayed results
29/06/2020 13:00
** China-based retail drugstore chain's shares CJJD.O
slide 27% to $1.37 premarket
** Customer visits fell during the first 3 months of 2020
owing to the COVID-19 lockdown in China, co said in a regulatory
filing https://www.sec.gov/Archives/edgar/data/1413263/000121390020015961/ea123485-8k_chinajojo.htm
late Friday
** Logistic services also slowed down as company ran short
of staff - CJJD
** Delays filing of annual results, originally scheduled on
Monday, with U.S. SEC due to disruptions caused by pandemic
** Stock up 3.3% for the year, as of last close
(Reporting by Taru Jain)
((taru.jain@thomsonreuters.com))